Central Bank Reform Act 2010
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Application of standards of fitness and probity. |
21.— (1) A regulated financial service provider shall not permit a person to perform a controlled function unless— | |
(a) the regulated financial service provider is satisfied on reasonable grounds that the person complies with any standard of fitness and probity in a code issued under section 50 , and | ||
(b) the person has agreed to abide by any such standard. | ||
(2) The Bank may take into account standards of fitness and probity referred to in subsection (1) when performing its functions and exercising its powers. |